Auction Payment Date definition

Auction Payment Date. The Payment Date in February 2012.
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Auction Payment Date. As defined in the Section 3.18(b).
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Auction Payment Date means (i) the Payment Date in June of each year, commencing with the Payment Date in June 2015 and (ii) at the discretion of the Portfolio Manager, any other Payment Date or Payment Dates after the Payment Date in June 2015 that is not a Payment Date described in clause (i) above.
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Examples of Auction Payment Date in a sentence

  • In the event that satisfactory bids are received as described below and in Exhibit P, the proceeds of the sale of such assets shall be distributed to the Certificateholders on the first Distribution Date after the Solicitation Period (the "Auction Payment Date").

  • The Auction Administrator will request from each Bidder, through the Dealers, instructions for transfer on the Auction Payment Date to the Bidder (or its designee) of the Auction Notes of each Class on which such Bidder is bidding in the event that such Bidder is the winning Bidder.

  • Credit balances on bank current accounts are shown in the financial statements at their nominal value, corresponding to the estimated realizable value, and include interest accrued as of the reporting date.Prepaid expenses and accrued income are calculated according to the accrual principle, applying the principle of matching costs and revenues within the fiscal year.

  • In the event such Auction Note is not then held in book-entry form, the Holder of such Auction Note shall surrender such Auction Note to the Note Registrar for registration of transfer on the Auction Payment Date to the winning Bidder (or with respect to an Auction Note for which no Qualifying Bid was received, if the Auction Swap Counterparty is CSI, to the CSS Designee).

  • If any single bid, or the aggregate amount of multiple bids, does not equal or exceed the Total Redemption Price, or if there is a failure to settle any sale of any Mortgage Asset on or prior to the second Business Day prior to the related Auction Payment Date (a “Failed Auction”), then no such sale of any Mortgage Asset will occur and no redemption of the Notes on the related Auction Payment Date will occur.

  • The Auction Administrator will contact the Dealers via Exhibit A and request that they solicit Qualifying Bids (as defined below) from the Bidders for the purchase of all or a portion of the Auction Notes, and will request that the Bidders respond to the Dealers, who in turn will convey such bids to the Auction Administrator, by 11:00 AM New York time on the second Business Day prior to the Auction Payment Date (the “Bid Date”).

  • Following each Failed Auction, a new Auction will be conducted in advance of the following Auction Payment Date pursuant to the procedures set forth above until a Successful Auction has occurred and all of the Notes have been redeemed.

  • If the Holder of any Class A Note not held in book-entry form fails to transfer or surrender such Class A Note to the Indenture Trustee for registration of transfer on the Mandatory Auction Payment Date, the Indenture Trustee shall notify the Transferor, the Auction Paying Agent, the Auction Administrator and the Surety Provider of such failure and deem such Class A Note cancelled and issue, authenticate and deliver a new Class A Note to the winning Bidder.

  • As described herein, the Notes are subject to Auction Call Redemption, in whole but not in part, on the Auction Payment Date as a result of a successful Auction, if the auction proceeds are at least equal to the applicable Auction Call Redemption Amount.

  • If a Successful Auction has occurred, the Special Servicer shall sell all of the Mortgage Assets to the applicable winning Eligible Bidders and transfer all of the sale proceeds received in connection with such Auction to the Payment Account under the Indenture no later than the second Business Day prior to the related Auction Payment Date.


More Definitions of Auction Payment Date

Auction Payment Date. Either the Group [ ] Auction Payment Date (in the case of the Group [ ] Notes) or the General Auction Payment Date (in the case of the Group [ ] Notes).
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Auction Payment Date. The Payment Date following any auction held pursuant to Section 8.04 of the Indenture.
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Auction Payment Date. Either the Group 1 Auction Payment Date (in the case of the Group 1 Notes) or the General Auction Payment Date (in the case of the Group 2 Notes, Group 3 Notes and Group 4 Notes).
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Auction Payment Date means each Payment Date, commencing with the Payment Date in June 2017.
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Related to Auction Payment Date

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Redemption Payment Date As defined in Section 13.1.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Payment Date means the first day of each calendar month.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Principal Payment Dates means, unless otherwise determined by the Fiscal Officer and specified in the Certificate of Award, December 1 in each of the years from and including 2021 to and including 2022.

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.